Common use of Rights of Preferred Stock Clause in Contracts

Rights of Preferred Stock. The Board of Directors is authorized, subject to any limitations prescribed by law, to provide for the issuance of shares of Preferred Stock in series, and by filing a certificate pursuant to the applicable law of the State of Delaware (such certificate being hereinafter referred to as a “Preferred Stock Designation”), to establish from time to time the number of shares to be included in each series, and to fix the designations, powers, preferences and rights of the shares of each such series and any qualifications, limitations or restrictions thereof.

Rights of Preferred Stock. The Board of Directors is authorized, subject to any limitations prescribed by lawlaw or in any Preferred Stock Designation, to provide for the issuance of shares of Preferred Stock in series, and by filing a certificate pursuant to the applicable law of the State of Delaware (such certificate being hereinafter referred to as a “Preferred Stock Designation”), to establish from time to time the number of shares to be included in each such series, and to fix the designationsdesignation, powers, preferences preferences, and rights of the shares of each such series and any qualifications, limitations or restrictions thereof.

Rights of Preferred Stock. The Board of Directors is authorized, subject to any limitations prescribed by lawlaw or in any Preferred Stock Designation, to provide for the issuance of shares of Preferred Stock in series, and by filing a certificate pursuant to the applicable law of the State of Delaware (such certificate being hereinafter referred to as a “Preferred Stock Designation”), to establish from time to time the number of shares to be included in each such series, and to fix the designationsdesignation, powers, preferences and rights of the shares of each such series and any qualifications, limitations or restrictions thereof.